WallStSmart

Gaming & Leisure Properties (GLPI)vsIron Mountain Incorporated (IRM)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Iron Mountain Incorporated generates 333% more annual revenue ($6.90B vs $1.59B). GLPI leads profitability with a 51.7% profit margin vs 2.1%. IRM appears more attractively valued with a PEG of 2.70. GLPI earns a higher WallStSmart Score of 61/100 (C+).

GLPI

Buy

61

out of 100

Grade: C+

Growth: 6.0Profit: 8.5Value: 7.3Quality: 5.3
Piotroski: 2/9Altman Z: 0.85

IRM

Buy

52

out of 100

Grade: C-

Growth: 6.0Profit: 5.5Value: 2.0Quality: 3.3
Piotroski: 2/9Altman Z: 0.12
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

GLPIUndervalued (+58.2%)

Margin of Safety

+58.2%

Fair Value

$110.68

Current Price

$45.63

$65.05 discount

UndervaluedFair: $110.68Overvalued
IRMSignificantly Overvalued (-2909.6%)

Margin of Safety

-2909.6%

Fair Value

$3.33

Current Price

$100.53

$97.20 premium

UndervaluedFair: $3.33Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

GLPI4 strengths · Avg: 9.0/10
Profit MarginProfitability
51.7%10/10

Keeps 52 of every $100 in revenue as profit

Operating MarginProfitability
89.3%10/10

Strong operational efficiency at 89.3%

P/E RatioValuation
15.6x8/10

Attractively priced relative to earnings

Price/BookValuation
2.8x8/10

Reasonable price relative to book value

IRM2 strengths · Avg: 8.0/10
Operating MarginProfitability
22.0%8/10

Strong operational efficiency at 22.0%

Revenue GrowthGrowth
16.6%8/10

16.6% revenue growth

Areas to Watch

GLPI4 concerns · Avg: 2.8/10
Revenue GrowthGrowth
4.5%4/10

4.5% revenue growth

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

PEG RatioValuation
8.082/10

Expensive relative to growth rate

Altman Z-ScoreHealth
0.852/10

Distress zone — elevated risk

IRM4 concerns · Avg: 2.8/10
Return on EquityProfitability
2.3%3/10

ROE of 2.3% — below average capital efficiency

Profit MarginProfitability
2.1%3/10

2.1% margin — thin

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

PEG RatioValuation
2.702/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : GLPI

The strongest argument for GLPI centers on Profit Margin, Operating Margin, P/E Ratio. Profitability is solid with margins at 51.7% and operating margin at 89.3%.

Bull Case : IRM

The strongest argument for IRM centers on Operating Margin, Revenue Growth. Revenue growth of 16.6% demonstrates continued momentum.

Bear Case : GLPI

The primary concerns for GLPI are Revenue Growth, Piotroski F-Score, PEG Ratio.

Bear Case : IRM

The primary concerns for IRM are Return on Equity, Profit Margin, Piotroski F-Score. A P/E of 205.2x leaves little room for execution misses. Thin 2.1% margins leave little buffer for downturns.

Key Dynamics to Monitor

GLPI profiles as a value stock while IRM is a growth play — different risk/reward profiles.

IRM carries more volatility with a beta of 1.15 — expect wider price swings.

IRM is growing revenue faster at 16.6% — sustainability is the question.

GLPI generates stronger free cash flow (96M), providing more financial flexibility.

Bottom Line

GLPI scores higher overall (61/100 vs 52/100), backed by strong 51.7% margins. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Gaming & Leisure Properties

REAL ESTATE · REIT - SPECIALTY · USA

Gaming & Leisure Properties, Inc. (GLPI) is a leading real estate investment trust (REIT) focused on the acquisition and management of gaming and related facility assets across the United States. The company operates a well-diversified portfolio, leasing properties to established gaming operators, which enables it to generate stable and resilient income streams buoyed by robust demand in the gaming sector. With its innovative investment approach, GLPI not only maximizes rental income but also provides operational flexibility to tenants, making it well-positioned to leverage emerging trends in the gaming and entertainment industries. For institutional investors seeking a strategic entry point into the intersection of real estate and gaming, GLPI represents a compelling investment opportunity aimed at delivering consistent returns.

Iron Mountain Incorporated

REAL ESTATE · REIT - SPECIALTY · USA

Iron Mountain Inc. (NYSE: IRM) is an American enterprise information management services company founded in 1951 and headquartered in Boston, Massachusetts.

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